Civic Inks Deal to Bring Blockchain ID to 1,000 Vending Machines

It started with selling beer, but age verification could crack open a whole industry to cryptocurrency. CoinDesk previously reported on the demonstration of Civic’s beer-selling machinery at this year’s South by Southwest (SXSW). Now the company is announcing partnerships with 12 major automated retail companies – AAEON, AR Systems, Fastcorp Vending, Global Vending Group, greenbox … Read more

Student Gets 10-Year Jail Term for SIM-Swap Crypto Thefts Worth $7.5 Million

A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swapping hacks has been sentenced to 10 years in prison. The Santa Clara County’s District Attorney’s Office announced Monday that the thief, Joel Ortiz, had hacked the cellphones of at least 40 individuals. Ortiz was a “prolific” SIM swapper, the Attorney’s … Read more

Coinbase’s Political Action Committee Shuts Down Without Ever Raising a Cent

Coinbase is moving to shut down its political action committee (PAC) without ever raising a cent. The San Francisco-based crypto exchange filed a Termination Report for its PAC on April 3, 2019, according to publicly available documents on the Federal Election Commission’s website (FEC). The move means that the exchange wants to shut down its PAC, … Read more